Five municipalities in Madison County individually report monthly sales tax receipts to the Department of Revenue (DOR). The DOR returns a percentage of the sales tax back to the municipalities. The percentage of money returned to the municipalities is based on legislation. Sales tax from the unincorporated areas of the County go to DOR and all the money goes to the state’s general fund (no percentage is returned to the unincorporated areas). The State of Mississippi collects 7% sales tax. Municipalities receive 18.5% of the 7% sales tax that the State of Mississippi collects. If you have any questions, please contact MCEDA’s Lauren Scheel at lscheel@madisoncountyeda.com.
MCEDA REPORT: November Sales Tax Diversions
